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Plasta Group

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Year established

1961

Location

Vilnius Lithuania

Primary Industry

Materials

About

Founded in 1961 and based in Vilnius, Lithuania, Plasta AB is a plastic processing and manufacturing company in Europe providing customers with organic plastic products. Vytas Poderis is the CEO of the company which employs more than 550 people. The company recycles polyethylene waste, supplies, and produces plastic raw materials, garbage bags, pipes, buckets, films, popcorn, and cast. It also provides solutions on how their developed products contribute to environmental protection where sorted plastic waste is purchased, carbon dioxide emissions are reduced, and efforts are gradually made to move towards waste-free production. The firm generates revenue from selling polyethylene plastic bags which are made from post-consumer recycled materials. The company plans to grow through new product development as well as potential strategic acquisitions.
Primary Industry
Materials
Sub Industries
Recycling, Rubber & Plastics
Website
www.plastagroup.com
Verticals
Manufacturing
Total Amount Raised
Subscriber access only

Deals

Deals Type
Add-on, LP Direct +1 more
Private Debt
Deal Status Target (s) Deal Date Investor(s) Seller(s) Deal size (Mn) Enterprise value (Mn) Post-money valuation (Mn) EBITDA multiple (x) Revenue multiple (x) Lead partner (s)
Completed Plasta Group 12 Dec 2024
Completed Plasta Group 19 Mar 2021
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